Law Firms Poised for Record-Breaking Year in 2024, Reports Citi’s Global Wealth at Work Law Firm Group

Law firms are on track to post “one of the strongest years we see” in 2024, according to a recent report. The industry has seen demand and productivity growth, along with double-digit revenue growth during the first half of the year. Citi’s Global Wealth at Work Law Firm Group indicated that the sector continued its momentum from the first quarter, despite some increases in expenses and a moderation in headcount growth. The full text of the report can be accessed here.